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LACERA was established on January 1, 1938, following passage of the County Employees Retirement Law of 1937 (CERL), which mandates LACERA to pay for the defined retirement benefits of Los Angeles County employees and their beneficiaries. In 1971, LACERA began administering a retiree healthcare benefits program. Management
Rating. Fitch: AA (2020) Moody's: Aa3 (2020) S&P: AA (2020) AM Best: A+ (2020) Website. empower .com. Empower is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. [7] It is the second-largest retirement plan provider in the United States.
The Los Angeles County Board of Supervisors was created in 1852. The Court of Sessions was used under Mexican custom until 1852. The court was composed of a County Judge and two County Associate Justices. Julian A. Chavez served in the Court of Sessions as a "Judge of Waters" and later as a "Judge of the Plains" prior to the formation of the ...
Los Angeles County is the most populous county in the United States, and the largest municipal government in the nation. If the County were a state, it would be the 9th most populous state in the United States, in between Georgia and North Carolina. As of 2020, the Board of Supervisors oversees a $35.5 billion annual budget and over 112,000 ...
The Los Angeles County Metropolitan Transportation Authority operates the third-largest public transportation system in the United States by ridership with a 1,433 mi 2 (3,711 km 2) operating area and 2,000 peak hour buses on the street any given business day. Metro also operates 109 miles (175 km) of urban rail service. [1]
On April 1, 1850 the citizens of Los Angeles elected a three-man Court of Sessions as their first governing body. [1] A total of 377 votes were cast in this election. [1] In 1852, the Legislature dissolved the Court of Sessions and created a five-member Board of Supervisors. [1] In 1913 the citizens of Los Angeles County approved a charter ...
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